Monthly Archives: July 2010

The Art of Non-Conformity

Posted on July 8, 2010 by courtneyds

This is a tremendous blog/email letter mainly about travel but also about living a very free lifestyle which is near and dear to my heart. Part of the key reason for being a trader is the lifestyle advantages. Check this … Continue reading →

Posted in Lifestyle | Leave a comment

Still No Appetite for IPO's

Posted on July 8, 2010 by courtneyds

Tesla is not doing well. I don’t think the KKR floatation will do well either. I think the market will see through the fact that the KKR principles are smart guys and will be selling their shares at the top … Continue reading →

Posted in Stocks | Leave a comment

Now We Know Where the Whiskey Went

Posted on July 8, 2010 by courtneyds

Stocks skyrocketed around the world today on ideas that earnings will be higher than expected. In particular there are ideas that tech stocks will outperform the market. The release of the European bank stress test also aided stocks. Tweet This!TweetFacebookLinkedInTumblrStumbleDiggDelicious

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Sign of the Times

Posted on July 8, 2010 by courtneyds

Booze maker Diageo is having a problem funding their worker’s pension fund. Solution? They put in barrels of whiskey as collateral for making the payments later. Well, whiskey will get you through times of no money better than money will … Continue reading →

Posted in Uncategorized | Leave a comment

Deflation Wins The Day

Posted on July 7, 2010 by courtneyds

Today’s action suggests that the deflation story is the dominant story in the market. We saw bonds rise while commodities and gold declined. Stocks eked out a rise but every other market showed that deflation is the key story. The … Continue reading →

Posted in Economics | Leave a comment